Regional Development Bank

MDBs Will Collaborate to Mobilize Resources for Achievement of SDGs [viewed]

mdbs_210 July 2015: In the lead-up to the Third International Conference on Financing for Development (FfD), the African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IADB), World Bank Group and the International Monetary Fund (IMF) signaled their intention to extend over US$400 billion in financing over the next three years and to work more closely with each other and with public and private sector partners to mobilize resources to support the achievement of the proposed Sustainable Development Goals (SDGs).

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MDBs Adopt Principles for Tracking Climate Adaptation Finance [viewed]

mdbs_png9 July 2015: Six multilateral development banks (MDBs) and the International Development Finance Club (IDFC) have released a document titled 'Common Principles for Climate Change Adaptation Finance Tracking,' which outlines the approach the banks have agreed to take in measuring adaptation finance commitments and flows. The common approach is expected to improve consistency in reporting and consequently boost confidence that funds are flowing to vulnerable societies dealing with climate change impacts.

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Event: Africa Climate Talks: West/Central/North Africa and West African SIDS [viewed]

Under the theme, 'Democratizing Global Climate Change Governance and Building an African Consensus toward COP 21 and Beyond,' the Africa Climate Talks (ACT!) are being organized by the Climate for Development in Africa (ClimDev-Africa) Programme. This series of interconnected sub-regional and Africa-wide events will contribute to Africa's preparation for the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, engaging Africans from all walks of life. ACT! aims to raise public awareness of climate change, hear perspectives of linkages between climate change issues and Africa's development, and consider the potential implications of COP 21 outcomes for Africa. ACT! for the West, Central and North Africa regions and the West African small island developing States (SIDS) will take place in Dakar, Senegal, on 1-3 October 2015. ClimDev-Africa is a joint Programme of the African Union Commission (AUC), the UN Economic Commission for Africa (ECA) and the African Development Bank (AfDB).  

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Event: Africa Climate Talks: East/Southern Africa, and Indian Ocean SIDS [viewed]

Under the theme, 'Democratizing Global Climate Change Governance and Building an African Consensus toward COP 21 and Beyond,' the Africa Climate Talks (ACT!) are being organized by the Climate for Development in Africa (ClimDev-Africa) Programme. This series of interconnected sub-regional and Africa-wide events will contribute to Africa's preparation for the 21st session of the Conference of the Parties (COP 21) to the UNFCCC, engaging Africans from all walks of life. ACT! aims to raise public awareness of climate change, hear perspectives of linkages between climate change issues and Africa's development, and consider the potential implications of COP 21 outcomes for Africa. ACT! for the East and Southern Africa regions and the Indian Ocean small island developing States (SIDS) will take place in Dar Es Salaam, Tanzania, on 3-5 September 2015. ClimDev-Africa is a joint Programme of the African Union Commission (AUC), the UN Economic Commission for Africa (ECA) and the African Development Bank (AfDB).  

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June 2015 Sustainable Energy Finance Update [viewed]

june20151 July 2015: During the month of June, the African Development Bank (AfDB), the Asian Development Bank (ADB), the Caribbean Development Bank (CDB), the European Bank for Reconstruction and Development (EBRD), the European Commission, the European Investment Bank (EIB), the Global Environment Facility (GEF), the Inter-American Development Bank (IDB) and the World Bank announced funding for sustainable energy projects. AfDB, ADB, EBRD, the European Commission and the World Bank also released publications on financing and deploying clean energy.

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June 2015 Climate Finance Update [viewed]

june2015-climatefinance11 July 2015: During the month of June, the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the World Bank, the Adaptation Fund, the World Agroforestry Centre, the UN Office for Disaster Risk Reduction (UNISDR), the Caribbean Development Bank (CDB), the Global Environment Facility (GEF), the Green Climate Fund (GCF) and the UN Environment Programme (UNEP) DTU Partnership reported on climate finance projects and other related news. ADB, AfDB, GCF, the World Bank, the International Finance Corporation (IFC), the Partnership for Market Readiness (PMR), the Climate Investment Funds (CIF), the UNEP Finance Initiative (UNEP FI) and the International Fund for Agricultural Development (IFAD) launched publications.

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African Development Bank Launches Payments for Ecosystem Services Report [viewed]

AfDB9 June 2015: The African Development Bank (AfDB) has released the first report, titled ‘Payment for Environmental Services: A promising tool for natural resources management in Africa,' of an AfDB-Climate Investment Funds (CIF) knowledge series that will gather and share initial lessons in implementing and financing green and inclusive growth projects in Africa.

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Asia Clean Energy Forum 2015 Celebrates Tenth Anniversary [viewed]

asia-energy-forum19 June 2015: The Asia Clean Energy Forum (ACEF) 2015 brought together energy professionals for the tenth time in Manila, the Philippines, to hear presentations by more than 200 speakers and share best practices relating to clean energy policy and regulatory frameworks, technology development and applications, and business models and finance. The event was hosted by the Asian Development Bank (ADB), and organized by ADB, the US Agency for International Development (USAID), the World Energy Council (WEC) and the Korea Energy Management Corporation (KEMCO).

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Southern, Eastern European Countries Seek Ways to Adopt Climate-friendly Technologies [viewed]

fao-iea-ebrd17 June 2015: A workshop for post-Soviet and southern and eastern Mediterranean countries convened to discuss policies and investment conditions conducive to the development and transfer of energy efficiency, renewable energy and other low-carbon technologies. The workshop was organized by the European Bank for Reconstruction and Development (EBRD) and the International Energy Agency (IEA) in collaboration with the Food and Agriculture Organization of the UN (FAO), and hosted by the Turkish Ministry of Energy and Natural Resources.

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Multilateral Development Banks Report 19% Increase in Climate Finance [viewed]

mdbs-logos-pr-header16 June 2015: Six multilateral development banks (MDBs) have launched the fourth edition of their annual joint report on climate finance. The report finds that, in 2014, the MDBs committed more than US$28.35 billion in financing to developing countries and emerging economies, with US$23.28 billion dedicated to mitigation efforts, and US$5.07 billion to adaptation work.

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